India’s key coal importer, Adani Enterprise has come up with its first e-auction of U.S. origin 6200 NAR grade coal for the stock available at Tuna and Kandla port, informed market participants. This is the first time sale via e-auction by any private entity in the country as only government owned Coal India and its subsidiaries carry out the coal sale via auctions. Amid escalated global thermal coal prices in past few weeks and limited stock availability at port, this auction is expected to garner good response from the buyers.
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